BIRMINGHAM, Ala. – ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS),
is pleased to announce they have ranked third in the top publicly traded banks with between $10
billion to $50 billion in assets, based on year-end 2022 data. Consulting firm Capital Performance
Group partners with American Banker to compile the annual ranking, and this is the second year
in a row that ServisFirst Bancshares has achieved the third-place ranking.
In a recent interview with American Banker, Tom Broughton, ServisFirst Bank Chairman,
President, and CEO stated, “The company managed to take advantage of excess funds on hand to
make loans in areas like commercial real estate. That helped the institution maintain its strong
results.”
The $14.6 billion-asset institution, ServisFirst Bancshares, had noninterest expenses that were
1.06% of average assets, well below the median of 1.97%. CPG primarily ranked the banks by
their three-year average return on average equity between 2020 and 2022. The median ROAE for
all banks in the $10 billion to $50 billion asset category was 9.64%, a slight increase from the yearago
figure of 9.13%. This metric was 17.03% for the top 10 performers.
“At the end of the day, it's about who can play defense better," said Claude Hanley, a partner at
Capital Performance Group. “That defense came in a few different varieties: They managed to
maintain their margin in the face of rising interest rates and slowing loan demand, and they
managed to maintain noninterest income.”
For more information regarding ServisFirst Bank’s recent American Banker interview and
ranking, please contact Krista Conlin at Krista@KCProjects.net. For more about ServisFirst Bank,
please visit www.servisfirstbank.com.
ABOUT SERVISFIRST BANK
ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent
banking, treasury management, private banking and the professional consumer market,
emphasizing competitive products, state-of-the-art technology and a focus on quality service.
Recently, the Bank announced that its assets exceed $14 billion. The Bank offers sophisticated
treasury management products, Internet banking, home mortgage lending, remote deposit express
banking, and highly competitive rates.
